Useful recipes for smartasses.................
Some useful recipes for the all the smartasses who were posting a while back (since August 2007) how as everyone on ET was negative it was time to go long. Lucky you are just papertrading, eh? (yes, we can tell). The public buys the last bull...
They will close the markets. Equity is bank tier 1 capital. Do we know any banks that matter children?
Too many lobbyists that matter will be adversely affected. Haven't you heard about those poor CEO's being margin called. Time to act.
As I understand it, a program has to be specifically written to take advantage of memory using physical address system and only some database programs are, ordinary programs such as Tradestation cannot benefit, right?
The behaviour of the Public has always baffled me. Rarely can you elicit an explanation from them. I think what hppens is they buy the propaganda form those iwth stocks to sell just like they buy gummint propaganda.
Actually I think we will have a global money printing orgy. As the Governments takes over ever increasing swathes of their financial sector and industry. A multi trillion dollar hole in the balance sheets is only going to be fillable by multitrillions of printed currency with all the attendant...
Seems those unwashed straggly haired cultists who have been sitting on tops of hills for the last few decades saying 'end of world nigh' have finally been vindicated.
Don't have a link or exact source, its just something I discovered through having funds with Refco CFTC side....................
My guess is the derivation is that large traders wanted a way to create an option payofff profile for themselves - they would keep a sufficient for daily trading...
Looks like another attempt to push the risk onto the public.
While on the subject of the Chicago exchanges, check out the small print on the supposed protection of segregated CFTC accounts - they can use your account to pay off a big traders loss.
What I am talking about is people (other than shorts covering and the initiators) buying into these suckers rallies every time there is some primarily cosmetic positive development or announcement. At the bottom of a bear market the recovery is staring you in the face but nobody believes it.
Way too much money and bullish sentiment on the sidelines for this to be over.
Right now the Public and their idiot mutual fund managers are buying the bull market just gone - all the way down just as they do every time.
Second slower more destructive wave of the tsunami to come. I...
Giving up coffee drinking throughout the day is one of the bst things I have ever done (still drink one cup after wakeup but that is on th e hit list).
I found substituting green tea an easy way to qut coffee - I only drink 3 cups of green tea per day - it is not 'moreish' like coffee...
We keep on hearing about how once there has been capitulation it marks the bottom - we heard this with BSC - did it mark the bottom?
My point is that capitulation marking the bottom seems to apply to market shocks with no second slower tsunami wave of collasing property markets behind it e.g...
Commercial banks have lebverage of 10:1, Investment Banks 30:1. Now that Invstment Banks are converting to commercial banks we will see leverage commerical bank leverage ratios rise to meet the demands of the GS and MS i.e their leverage won't come down to 10:1, rather regulators will allow...
This is not about bankers salaries as this gummint thinks, it is about working capital loans to industry.
Banks should be bailed out SOLELY so that they can continue their function as lenders to industry*. As and when sound banks expand to met the lending requirements of the economy the...